Well done you were correct,(I hope that deals with the, I told you so attention deficient disorder of some)
Board walking away from commitment to support sp with dividends not buybacks, very disappointing!
With IOP still strong.
What the bottom will be this half is anyones guess?
Probably around 8.5% range as proven of late, what ever that is?
Can longterm shareholder market trust Board to deliver?
Doubt it, market doesn't work on trust when you dissapoint it!
No floor under this now!
Total failure to support sp in strong IOP market!
New CEO taking divy below guidance so as to impress with her 1st half in charge next half?
Might be?
Hope she isn't that shortsighted?
Damage done to market trust today is enormous, imo!
Ann: Dividend/Distribution - FMG, page-23
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Last
$18.27 |
Change
-0.290(1.56%) |
Mkt cap ! $56.25B | |||
| Open | High | Low | Value | Volume |
| $18.70 | $18.72 | $18.21 | $313.4M | 17.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45418 | $18.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.30 | 1200 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |